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SWP Swp Grp.

8.75
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Swp Grp. LSE:SWP London Ordinary Share GB00B010NX28 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Issue of Equity

28/02/2006 4:39pm

UK Regulatory


RNS Number:0815Z
SWP Group PLC
28 February 2006



                                 SWP Group plc
                                Issue of Equity

SWP Group plc ("SWP" or "the Company") announces that it has raised #750,000
(net of expenses) through a placing of 1,250,000 new ordinary shares of 0.5p
each ("New Shares") at a price of 60p per New Share.

These funds will be used by SWP for the retirement of debt as well as the
provision of additional working capital to facilitate a period of rapid sales
expansion.

The New Shares will rank pari passu with all other ordinary shares now in issue.
Application for the New Shares to be admitted to trading on AIM have been made
and dealings are expected to commence on AIM at 08:00 a.m. on 6 March 2006.

The New Shares are equivalent to approximately 7.9 per cent of the Company's
existing issued share capital. Following admission the enlarged issued share
capital of the Company will be 17,019,546 ordinary shares of 0.5p each.


Enquiries:
SWP Group PLC 0207 379 7181
Alan Walker



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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